đđ Crypto News Roundup: XRP Not Expected to Explode in Price, Stablecoins Under Regulatory Scrutiny
$XRP $BTC
According to a recent article by Analytics Insight, XRP is not expected to explode in price. However, there are several other high-potential coins that are on presale and can be bought at a good price.
In other news, Bitcoin has retraced to a crucial $34,000 support level. The crypto community is discussing the next leg up.
US regulators are discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, itâs imperative that stablecoins also fall under the supervisory oversight of the government.
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